Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
40 WESTFIELD ROAD is a small extended detached house of 95m², built sometime between 1900 and 1929. It was last sold for £311,000 in June 2016, which was around 24% below the average June 2016 detached price in the Milton Keynes local authority area. The most recent EPC inspection was May 2016, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows two sales for 40 WESTFIELD ROAD since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. Both of the two 40 WESTFIELD ROAD sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).
Date | Price | HPI Price | Variation from HPI |
---|---|---|---|
2016 24 JUN | £311,000 | £408,702 | 24% below HPI |
2016 15 JAN | £225,700 | £390,376 | 42% below HPI |
The below graph shows the average detached house price in the Milton Keynes local authority area over time, sourced from the HPI. The two 40 WESTFIELD ROAD sales from January 2016 and June 2016 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the January 2016 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the June 2016 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.
40 WESTFIELD ROAD is 95m², which includes one extension, according to the EPC inspection conducted in May 2016. This puts it in the smallest 30% of detached houses in Bletchley, based on EPC data. The below chart shows the distribution of detached houses by size in Bletchley, and where 40 WESTFIELD ROAD lies on this distribution: 29% of detached houses are smaller than 40 WESTFIELD ROAD, and 70% of houses are larger. Note that EPC data is not available for all properties in Bletchley.
40 WESTFIELD ROAD sits on a plot of roughly 0.121 of an acre, or 488m². The below map shows the location of 40 WESTFIELD ROAD, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 40 WESTFIELD ROAD). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.
40 WESTFIELD ROAD is located in BLETCHLEY, in the MK2 postcode district. The below map shows the position of No. 40 on WESTFIELD ROAD.